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Todays Budget has resulted in the average workers getting a load of money

148 replies

DistinguishedSocialCommentator · 06/03/2024 14:22

A load of money back in their pocket. I believe the average is 1300 a year for a person on an average wage is a few quid short of 35,000.

That is a real saving

However, those paying tax but no NI as pensioners don't have to pay it or if you don't work won't get a penny of that. My OH and I left work years ago not reached state retirement age and won't gain a penny but we are really happy for the majority that work as work must be rewarded.

A lot of winners here. We are not for reasons as stated above but still happy with the budget, inc the extra money for the NHS and completing 200,00 extra operations a year and money for improved IT system.

I feel this budget is good for those in work and rightly so and those in work with children of up to school leaving age?

OP posts:
StarlightLady · 06/03/2024 14:25

And the money shortfall will be made up by ?????????????????

DevaleraSpawnOfSatan · 06/03/2024 14:27

UCM Jeremy Hunt is that you ?

DistinguishedSocialCommentator · 06/03/2024 14:28

StarlightLady · 06/03/2024 14:25

And the money shortfall will be made up by ?????????????????

Google, 'OBT budget 2024'
Its all in there.

OP posts:
zaxxon · 06/03/2024 14:28

This has been a bulletin from your local Conservative party office. And now back to your regularly scheduled programming.

HurdyGurdy19 · 06/03/2024 14:30

Yes, well, its a budget set with one eye on the next election, so they're bound to make it sound as generous as possible.

midgetastic · 06/03/2024 14:30

The average worker or the average worker with kids ?

countrygirl99 · 06/03/2024 14:31

Doesn't the £1300 relate to the change in Child benefit fir those on £50k-£60k? The NI change is up to £450

midgetastic · 06/03/2024 14:31

Or the average worker with kids who is currently over the child benefit limit ?

AmazingLemonDrizzle · 06/03/2024 14:32

Compared to say 2 years ago? Does that mean fuel bills will halve, food prices will go down etc?

As that won't make up for the increase of col... Which means overall the average worker still has much less money surely. The title is misleading.

Potentialmadcatlady · 06/03/2024 14:32

According to a budget checker my DD will be £1.86 better off … not quite £1300

Alltheyearround · 06/03/2024 14:33

zaxxon · 06/03/2024 14:28

This has been a bulletin from your local Conservative party office. And now back to your regularly scheduled programming.

😂JH looking like he quite fancies being PM next in photos today.

Here I am just running with my dog in the park in between creating budgets

RagzRebooted · 06/03/2024 14:33

I don't think it's that high. Apart from the 2% NI cut, nothing else they announced will impact the average worker specifically. The child benefit cap is £60k+ earners, not average.

Lovehearts82 · 06/03/2024 14:34

According to the budget calculator a person earning £35,000 annual salary will take home £18.55 more pay each month. The £74.77 NI savings are almost cleaned out because the Frozen pesonal tax thresholds mean they pay an extra £56.22 in tax and NI than if thresholds had increased with inflation as normal.

Bigcoatlady · 06/03/2024 14:34

Makes no difference unless wages increase and inflation goes down - at the moment real terms incomes compared to CoL have been declining for years. We already had an NI cut in Jan and I don't know anyone who went on a spending spree in Feb as a result. And yup, the shortfall to fund public services is what matters - the planet is burning, the roads are knackered, there are wars on two sides of Europe, public transport doesn't exist where I live, there are epic housing shortages, half a million people live in temporary accommodation, the courts are in crisis, we don't know which police officers are rapists, NHS waiting lists are at record levels, my kids are being taught exam subjects by midday supervisors because there are no qualified teachers, my sector (MH) is more dangerous and scary than I've known it in 30 year, we are offering nothing to desperately ill people, numbers of people in the actual workplace are in freefall due to people retiring early due to disability. I can't see any cause for optimism. The only advice I'm giving my kids is keep up their languages so they have options to move abroad. I guess long-term we should be able to tackle immigration by being so epically shit no one wants to come here so there's that.

SnapdragonToadflax · 06/03/2024 14:35

I'd rather pay higher taxes and have functioning public services, personally.

midgetastic · 06/03/2024 14:35

and does that include the extra that more people will be forced to spend for private healthcare etc etc ?

AsanteSana · 06/03/2024 14:36

Think you have been listening to a different budget OP -in cloud cuckoo land perhaps?

Chipsweep · 06/03/2024 14:36

Nice try CCHQ lmao

This party could not be worse for those in work if they tried

Samcro · 06/03/2024 14:37

shame council tax is going up so much

DistinguishedSocialCommentator · 06/03/2024 14:38

Potentialmadcatlady · 06/03/2024 14:32

According to a budget checker my DD will be £1.86 better off … not quite £1300

Please look up the meaning of "average." You will then see the point of this thread and the millions standing to benefit from this budget.

FYI - posting on the terms you did, we dont get a penny, but then again we dont work, I hope it is very clear to you now.

OP posts:
StrawberryEater · 06/03/2024 14:39

I really think Conservative HQ should invest in getting a writing consultant who can advise them on how to draft posts that one could actually believe were written by a real person.

DistinguishedSocialCommentator · 06/03/2024 14:39

Samcro · 06/03/2024 14:37

shame council tax is going up so much

Edited

Then tell your councillors to STOP throwing away council taxpayers' money and make everyone pay the full amount apart from the single house-holder.

OP posts:
Singlespies · 06/03/2024 14:40

Bigcoatlady · 06/03/2024 14:34

Makes no difference unless wages increase and inflation goes down - at the moment real terms incomes compared to CoL have been declining for years. We already had an NI cut in Jan and I don't know anyone who went on a spending spree in Feb as a result. And yup, the shortfall to fund public services is what matters - the planet is burning, the roads are knackered, there are wars on two sides of Europe, public transport doesn't exist where I live, there are epic housing shortages, half a million people live in temporary accommodation, the courts are in crisis, we don't know which police officers are rapists, NHS waiting lists are at record levels, my kids are being taught exam subjects by midday supervisors because there are no qualified teachers, my sector (MH) is more dangerous and scary than I've known it in 30 year, we are offering nothing to desperately ill people, numbers of people in the actual workplace are in freefall due to people retiring early due to disability. I can't see any cause for optimism. The only advice I'm giving my kids is keep up their languages so they have options to move abroad. I guess long-term we should be able to tackle immigration by being so epically shit no one wants to come here so there's that.

Do you think that this is our problem as a country? That we don't have enough working people? It sometimes seems like this...

I wonder whether we are just going to be a poor and unproductive country from now on and whether that can be reversed at all?

Perhaps a decent (like post second world war) house building programme, which could remove people from the vagaries of the private rented sector? But, how do we work with an aging population?

ShowOfHands · 06/03/2024 14:41

Someone on a £50,000 salary is best off, by £822 a year - about as much as the average package holiday to Europe cost in 2023.
That's because they benefit from the maximum amount of lower national insurance before falling into the high tax bracket.
But someone on £15,000 a year will pay £578 more in total - equivalent to about three months of average household spending on food

Hurrah! 🙄

Potentialmadcatlady · 06/03/2024 14:41

DistinguishedSocialCommentator · 06/03/2024 14:38

Please look up the meaning of "average." You will then see the point of this thread and the millions standing to benefit from this budget.

FYI - posting on the terms you did, we dont get a penny, but then again we dont work, I hope it is very clear to you now.

Rattle rattle.. you commented, I commented… we are all grown ups

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